Bitcoin Price Watch: Currency Holds Ground at $7,600

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At press time, the father of cryptocurrencies is trading for just under $7,700. The cryptocurrency market cap has garnered over $25 billion over the last week alone, and with roughly $300 to go, many investors are wondering whether the $8,000 mark can be reached soon. One source claims bitcoin is currently facing resistance where it sits, and that the price consolidation it’s undergone over the last few days may be a “good sign” for the long-term bulls granted the price is able to keep moving forward. It also suggests, however, that if present resistance proves too difficult to handle, or

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